Formosa Petrochemical Corporation

Taiwan Stock Exchange 6505.TW

Formosa Petrochemical Corporation Return on Equity (ROE) for the year ending December 31, 2023: 6.51%

Formosa Petrochemical Corporation Return on Equity (ROE) is 6.51% for the year ending December 31, 2023, a 41.02% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Formosa Petrochemical Corporation Return on Equity (ROE) for the year ending December 31, 2022 was 4.62%, a -66.61% change year over year.
  • Formosa Petrochemical Corporation Return on Equity (ROE) for the year ending December 31, 2021 was 13.82%, a 473.18% change year over year.
  • Formosa Petrochemical Corporation Return on Equity (ROE) for the year ending December 31, 2020 was 2.41%, a -78.36% change year over year.
  • Formosa Petrochemical Corporation Return on Equity (ROE) for the year ending December 31, 2019 was 11.14%, a -37.37% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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Taiwan Stock Exchange: 6505.TW

Formosa Petrochemical Corporation

CEO Mr. Tsao Mihn
IPO Date Dec. 26, 2003
Location Taiwan
Headquarters No. 1-1, Taisu Industrial Park
Employees 5,218
Sector Industrials
Industries
Description

Formosa Petrochemical Corporation, together with its subsidiaries, engages in the petrochemical and public utility businesses in Taiwan, Korea, the Philippines, Singapore, Malaysia, Mainland China, and internationally. The company produces and sells petroleum and petrochemical products; and water, electricity, and steam. Its products include gasoline, diesel, liquefied petroleum gas, jet fuel/kerosene, naphtha, petrochemical raw material, fuel oil/asphalt/sulphur, base oil, and lubricants. The company is also involved in the exploration and production of oil and gas; leasing of ships; and investing activities, as well as provision of transportation services. Formosa Petrochemical Corporation was incorporated in 1992 and is headquartered in Mailiao, Taiwan.

StockViz Staff

January 15, 2025

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